An investment firm has led a $2 million Pre-Seed funding round for Velix, a Montreal-based platform aimed at enhancing the financial operations of logistics teams.
Target Information
We are thrilled to announce our investment in Velix, a Montreal-based financial operations platform designed to enhance the efficiency of logistics teams. Velix assists organizations in saving time and money while fostering better collaboration among team members. We have led Velix’s $2 million Pre-Seed funding round, which also saw participation from partners at Accelia Capital and Stand Up Ventures.
Industry Overview in Canada
The global logistics market is a multi-trillion dollar industry that is vital to the functioning of international trade. The Canadian Government has demonstrated its commitment to enhancing trade-related infrastructure, recently announcing a $4.1 billion investment intended to bolster this sector. Furthermore, the surge in e-commerce triggered by the COVID-19 pandemic has only solidified Canada’s position in global trade.
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The growth of e-commerce has been staggering, with Shopify estimating global online sales reaching $5.13 trillion in 2022. Projections indicate that this figure will rise to
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Accelia Capital
invested in
Velix
in 2026
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M